Discover trends, market shifts, and competitive outlooks for the safety syringe industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What Is the Current and Projected Market Size of the Safety Syringe Market Through 2034?

The market for safety syringes has significantly expanded in the last few years. The market, starting from $8.95 billion in 2024, is projected to reach $9.76 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. The past growth can be traced back to worries about needlestick injuries, regulatory requirements, heightened safety protocol adoption, a rise in blood-borne diseases, and the expansion of healthcare infrastructure.

Expectations are high for robust expansion of the safety syringe market in the coming years, with projections indicating a growth to $13.78 billion by 2029, following a compound annual growth rate (CAGR) of 9.0%. Factors such as vaccination initiatives, an aging population, greater attention to preventive healthcare, growing biopharmaceutical sector, and material sciences advancements can be credited for the anticipated growth during the forecast period. Notably, the period is likely to be marked by swift technological enhancements, a focus on sustainable solutions, the integration of telehealth, tailored solutions for special therapeutics, and improved emergency readiness and response.

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What Are the Major Market Drivers Behind the Rising Adoption of Safety Syringe Market?

The anticipated expansion of the safety syringe market is due to the increasing prevalence of blood-borne diseases. Blood-borne diseases are infectious ailments spread through the blood by microorganisms such as bacteria, viruses or parasites. Safety syringes are used as a preventive strategy to safeguard healthcare professionals and patients from the hazards of these diseases. They minimize accidental exposure and foster optimal medical procedures. For example, in April 2024, the World Health Organization, a Switzerland-based global agency, stated that around 254 million individuals suffered from chronic hepatitis B infection in 2022, with an annual surge of 1.2 million new cases. The disease resulted in an estimated 1.1 million fatalities in that year, predominantly due to cirrhosis and hepatocellular carcinoma (primary liver cancer). In addition, around 50 million people globally endure chronic hepatitis C virus infection, with nearly 1 million new cases reported annually. Hepatitis C accounted for about 242,000 deaths in 2022, mainly from cirrhosis and hepatocellular carcinoma (primary liver cancer). Consequently, the increasing incidence of blood-borne diseases is accelerating the growth of the safety syringe market.

Which Key Market Segments Comprise the Safety Syringe Market and Drive Its Revenue Growth?

The safety syringe market covered in this report is segmented –

1) By Product: Retractable Safety Syringes, Non Retractable Safety Syringes

2) By Therapy: Insulin, Glucagon-like peptide-I (CLP-I), Tuberculosis, Growth Hormones

3) By Application: Subcutaneous, Intramuscular

4) By End-user: Hospitals, Ambulatory Surgical Centers, Long-term Care Facilities, Specialty Clinics, Other End Users

Subsegments:

1) By Retractable Safety Syringes: Automatic Retractable Safety Syringes, Manual Retractable Safety Syringes

2) By Non-Retractable Safety Syringes: Fixed Needle Safety Syringes, Shielded Needle Safety Syringes

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Which Areas Are Leading Regions in the Safety Syringe Market Expansion Across the Globe?

North America was the largest region in the safety syringes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the safety syringe market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Strategic Trends Steering theSafety Syringe Market Direction?

Leading firms in the safety syringe market are innovating with products like the glass vaccine syringe to establish a competitive advantage. The glass vaccine syringe is a sterile, reusable medical tool made from glass, intended for injecting vaccines into patients. In an example from September 2022, Becton, Dickinson, and Company, a medical apparatus company based in the US, debuted the BD Effivax Glass Prefillable Syringe. These syringes, specifically created to bolster the safety and dependability of drug delivery mechanisms, are particularly effective for vaccines. Designed to ensure precise medication delivery, they crucially address potential contamination and product integrity issues during preparation and administering. Enhanced design and manufacturing procedures aim to mitigate risks typical of traditional vial formats, thus significantly improving overall patient safety during vaccine dispensation.

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How Is the Safety Syringe Market Conceptually Defined?

A safety syringe is a medical injection device designed with built-in safety features to prevent accidental needle stick injuries or reuse. These syringes are specifically engineered to prevent needle stick injuries, which can occur when healthcare workers or individuals handling syringes accidentally puncture their skin with a used needle.

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